Qualifications, Compensation, and Rank of Judges
- The Presiding Judge receives an annual salary of 18,000 pesos and holds qualifications, rank, category, and privileges equivalent to the Presiding Judge of the Court of Industrial Relations.
- The Associate Judges each receive an annual salary of 17,000 pesos and have the same qualifications, rank, category, and privileges as members of the Court of Industrial Relations.
Tenure and Removal of Judges
- Judges serve during good behavior until the age of 70 or until incapacitated from performing duties.
- Judges may be removed earlier on the same grounds and procedures applicable to appellate judges of the judiciary.
Appropriation of Funds
- An initial amount of 12,000 pesos (or as much needed) is appropriated from the National Treasury for the fiscal year 1961-1962 to implement the provisions of the Act.
- Subsequent funding shall be provided in the annual General Appropriation Acts.
Effectivity
- The Act took effect retroactively from January 1, 1962.